SFE Investment Counsel Increases Stock Holdings in Tetra Tech, Inc. $TTEK

SFE Investment Counsel raised its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 43.9% during the first quarter, Holdings Channel reports. The firm owned 147,431 shares of the industrial products company’s stock after buying an additional 45,009 shares during the quarter. SFE Investment Counsel’s holdings in Tetra Tech were worth $4,441,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of TTEK. First Horizon Corp raised its stake in Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after buying an additional 295 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in Tetra Tech by 63.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 341 shares in the last quarter. OP Asset Management Ltd purchased a new position in shares of Tetra Tech during the 1st quarter worth approximately $34,000. Geneos Wealth Management Inc. raised its position in shares of Tetra Tech by 136.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares in the last quarter. Finally, Danske Bank A S purchased a new position in shares of Tetra Tech in the 3rd quarter valued at approximately $53,000. 93.89% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the purchase, the director directly owned 1,900 shares in the company, valued at approximately $50,179. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.49% of the stock is currently owned by corporate insiders.

Tetra Tech Stock Up 0.2%

Shares of TTEK traded up $0.05 during mid-day trading on Friday, reaching $30.99. The company had a trading volume of 2,043,520 shares, compared to its average volume of 3,389,054. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a 50-day moving average price of $28.59 and a 200 day moving average price of $32.33. Tetra Tech, Inc. has a 52 week low of $25.81 and a 52 week high of $43.14. The company has a market capitalization of $8.04 billion, a price-to-earnings ratio of 18.56 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The firm’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same quarter last year, the company earned $0.33 EPS. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. On average, sell-side analysts forecast that Tetra Tech, Inc. will post 1.54 EPS for the current year.

Tetra Tech Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th were given a $0.072 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.29 annualized dividend and a dividend yield of 0.9%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s payout ratio is presently 17.37%.

Wall Street Analyst Weigh In

TTEK has been the topic of several recent research reports. Weiss Ratings cut Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a report on Thursday, April 30th. Finally, Wall Street Zen downgraded shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Sunday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Tetra Tech currently has an average rating of “Moderate Buy” and a consensus target price of $41.00.

About Tetra Tech

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.